tiprankstipranks
Advertisement
Advertisement

Northern 3 VCT Issues New Shares Under Dividend Investment Scheme and Updates Voting Rights

Story Highlights
  • Northern 3 VCT issued 403,442 new shares via its Dividend Investment Scheme, raising equity at 87.2p.
  • Total shares and voting rights now stand at 159,364,444, with new shares set to trade in January 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Northern 3 VCT Issues New Shares Under Dividend Investment Scheme and Updates Voting Rights

Claim 55% Off TipRanks

Northern 3 VCT ( (GB:NTN) ) has shared an announcement.

Northern 3 VCT PLC has issued 403,442 new ordinary shares of 5p each at a subscription price of 87.2p per share to investors participating in its Dividend Investment Scheme, bringing the total number of ordinary shares in issue to 159,364,444. The company will seek admission of the new shares to the FCA’s Official List and to trading on the London Stock Exchange, with dealings expected to start around 27 January 2026; following this allotment, all ordinary shares carry voting rights, no shares are held in treasury, and the updated total voting rights figure of 159,364,444 will serve as the reference point for regulatory notifications under the Disclosure Guidance and Transparency Rules.

More about Northern 3 VCT

Northern 3 VCT PLC is a UK-listed venture capital trust that provides investors with access to a diversified portfolio of smaller, growth-focused companies, primarily in the UK, while offering associated tax advantages available under the VCT regime. Its shares are traded on the London Stock Exchange, and it is managed by Mercia Fund Management Limited, part of Mercia Asset Management.

Average Trading Volume: 52,692

Technical Sentiment Signal: Strong Buy

See more insights into NTN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1